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Lake Creek Property

Donley County, Texas

Property Description

LOCATION: From Lelia Lake, TX, go E-SE on Hwy 287 approximately 2.5 miles to County Road 20, then north on CR 20. Property lays west of CR 20 and begins just a short distance north of the railroad crossing. See property map.

LEGAL DESCRIPTION: On file in office.

ACREAGE: 578.384 +/-
IRRIGATED FARMLAND: 81 +/-
IRRIGATED GRASSLAND: 198 +/-
GRASSLAND: 299 +/-

TOPOGRAPHY: Flat to rolling with Lake Creek winding through the property.

IMPROVEMENTS: Excellent fencing & cross fencing, steel pens w/ circle and hydraulic chute. 30 x 60 metal barn ( 15 x 30 enclosed and 45 x 30 shed). 500 gal septic system at barn. Reinke model 2065 pivot, covers 54 acres +/-. Reinke model 65g pivot, covers 27 acres +/-. Valley pivot, covers 123 acres +/- planted to Bluestem (pivot not used in 3 years) 2016 Zimmatic pivot, covers 75 acres +/- planted to Bluestem

WATER: 2 submersible wells. 2 irrigation wells with GM V-6 motors. Property is subject to the rules of the Panhandle Groundwater Conservation District.

UTILITIES:
ELECTRICITY: Yes*
NATURAL GAS: Yes
PROPANE: No

*There are two 30 amp outlets at the barn and one 30 amp outlet at the spring fed pond.

PERSONAL PROPERTY: The hydraulic chute, all of the irrigation equipment, and pivots are included with the sale.

TAXES: $2,353.17 base taxes for 2021 w/ag use exemption

SCHOOL DISTRICT: Clarendon ISD

MINERALS: Subject to previous reservations of record. Seller will reserve none.

POSSESSION: Possession of the cultivated acres will be given upon harvest of the growing crops. Possession of the grassland is negotiable.

PRICE: $2,197,859.20 ($3,800.00 per acre)

OTHER DATA: This is an extremely productive property as well as an excellent recreational property with live water, trees, and good populations of deer, & turkey. This property is subject to deed restrictions.

The information contained herein was obtained from reliable sources; however, it is not guaranteed and is subject to prior sale or withdrawal.

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